Forever Found
- Assets
- $1.1m
- Revenue
- $976.6k
- Investments
- $0.0
- Employees
- 12
- Location
- Simi Valley, CA
- Founding
- 09/2010
- Data as of
- 12/2021
- EIN
- 27-2568005
Organization Overview
Forever Found is located in Simi Valley, CA. The organization was established in 2010. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. As of 12/2021, Forever Found employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Forever Found is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Forever Found generated $976.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $794.1k during the year ending 12/2021. While expenses have increased by 8.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FOREVER FOUND EXISTS TO SUPPORT THE RESCUE AND RESTORATION OF VICTIMS OF CHILD TRAFFICKING AND PROSTITUTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SECOND STORY: WE OPERATE A DONATION CENTER FOR USED CLOTHING, FURNITURE, APPLIANCES, ETC IN ORDER TO SELL THE ITEMS TO RAISE MONEY FOR OUR CAUSES
LOCAL SURVIVOR/CHILD SPONSORSHIP PROGRAMS: BY RECRUITING AND MANAGING SPONSORS FOR THE CHILDREN IN OUR FIVE PARTNERED AFTERCARE HOMES, WE ARE ABLE TO ENSURE THE DAILY NEEDS OF THESE RESCUED VICTIMS ARE MET. ANOTHER GREAT POINT IS THAT BY RELIEVING THE FINANCIAL BURDEN OF CARING FOR THE RESCUED CHILDREN CURRENTLY IN THE HOMES, WE ARE OPENNING UP THE OPPORTUNITY FOR NEW CHILDREN TO BE RESCUED.
INTERNATIONAL CHILD TRAFFICIKING PROGRAMS
OTHERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shannon Sergey President & | OfficerTrustee | 15 | $12,000 |
Bryan Thompson CFO | OfficerTrustee | 3 | $0 |
Karen Simeri Director | Trustee | 1 | $0 |
Jeff Gauthier Director | Trustee | 1 | $0 |
Taylor Sergey Director | Trustee | 1 | $0 |
Julianne Pinter Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $45,420 |
| All other contributions, gifts, grants, and similar amounts not included above | $780,741 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $826,161 |
| Total Program Service Revenue | $0 |
| Investment income | $71 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $150,390 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $976,622 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $120,410 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $41,475 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $12,000 |
| Compensation of current officers, directors, key employees. | $12,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,962 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,900 |
| Payroll taxes | $1,672 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,629 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,403 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $21,965 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,105 |
| All other expenses | $8,692 |
| Total functional expenses | $794,149 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,083,033 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $5,830 |
| Prepaid expenses and deferred charges | $6,805 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,095,668 |
| Accounts payable and accrued expenses | $1,951 |
| Grants payable | $0 |
| Deferred revenue | $12,611 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $14,562 |
| Net assets without donor restrictions | $1,081,106 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,095,668 |
Grants Awarded
Over the last fiscal year, Forever Found has awarded $120,410 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Simi Valley, CA PURPOSE: PSA1 | $84,000 |
St Louis, MO PURPOSE: PSA3 | $13,790 |
Simi Valley, CA PURPOSE: PSA3 | $12,600 |
TOGETHER FREEDOM PURPOSE: PSA2 | $10,020 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Forever Found has recieved totaling $71,389.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $32,100 |
Slave 2 Nothing Foundation Irvine, CA PURPOSE: HUMAN TRAFFICKING | $10,000 |
Fanny And Svante Knistrom Foundation Chatham, NJ PURPOSE: FOR HOLISTIC THERAPIES FOR SURVIVORS OF CHILD TRAFFICKING AND TO CONTINUE TO PROVIDE EQUINE THERAPY. | $7,240 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: JUSTICE | $7,100 |
Christian Foundation Of The West Inc Westlake Village, CA PURPOSE: General Fund | $5,250 |
The Richard M Schulze Family Foundation Minneapolis, MN PURPOSE: HUMAN SERVICES | $4,150 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hathaway-Sycamores Child And Family Services Los Angeles, CA | $28,384,086 | $61,200,132 |
Childrens Cabinet Inc A Child And Family Resource Reno, NV | $35,960,816 | $54,256,092 |
Cocokids Inc Concord, CA | $10,471,686 | $53,023,141 |
Childhelp Inc Scottsdale, AZ | $27,663,489 | $48,183,793 |
Childrens Bureau Of Southern Calif Los Angeles, CA | $50,531,468 | $47,479,306 |
Para Los Ninos Los Angeles, CA | $25,620,640 | $46,741,167 |
Jewish Family & Childrens Service Phoenix, AZ | $35,725,821 | $43,815,904 |
Solano Family & Childrens Council Fairfield, CA | $6,189,383 | $38,720,449 |
Community Child Care Council Of Santa Clara County Inc San Jose, CA | $1,636,421 | $36,793,456 |
Larkin Street Youth Services San Francisco, CA | $40,568,485 | $46,585,374 |
Child And Family Guidance Center Northridge, CA | $11,291,544 | $29,685,186 |
Childnet Youth And Family Services Inc Long Beach, CA | $44,773,984 | $33,626,452 |